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Bluetooth is a wireless technology standard for exchanging data over short distances from fixed and mobile devices and building personal area networks. To use Bluetooth wireless technology, a device must be able to interpret certain Bluetooth profiles, which are definitions of possible applications and specify general behaviours that Bluetooth-enabled devices use to communicate with other Bluetooth devices. Low cost coupled with low power requirements and increasing demand for gadgets are the major factors that are boosting the growth of the market.

Global Bluetooth Smart SoC Market Segments Size & Growth:

Global Bluetooth Smart SoC Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Bluetooth Smart SoC Market are low cost coupled with low power requirements and increasing demand for gadgets. However, lacks in transferring the heavy data and lack of synergy among security solutions are the factors that are hindering the market growth.

Global Bluetooth Smart SoC Market Segments Share:

Global Bluetooth Smart SoC Market is segmented by device type which comprises Bluetooth smart and Bluetooth smart ready. By application, the market is segmented into automotive, healthcare, building & retail, wearable electronics and consumer electronics. By Geography, North America contributes the largest share in the market owing to the increasing adoption of Bluetooth Smart and Bluetooth smart ready products. Whereas, the Asia Pacific is anticipated to witness the fastest growth in the market during the forecast period owing to the increasing penetration of smartphones that support Bluetooth.

Bluetooth is a wireless technology standard for exchanging data over short distances from fixed and mobile devices and building personal area networks. To use Bluetooth wireless technology, a device must be able to interpret certain Bluetooth profiles, which are definitions of possible applications and specify general behaviours that Bluetooth-enabled devices use to communicate with other Bluetooth devices. Low cost coupled with low power requirements and increasing demand for gadgets are the major factors that are boosting the growth of the market.

Global Bluetooth Smart SoC Market Segments Size & Growth:

Global Bluetooth Smart SoC Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Bluetooth Smart SoC Market are low cost coupled with low power requirements and increasing demand for gadgets. However, lacks in transferring the heavy data and lack of synergy among security solutions are the factors that are hindering the market growth.

Global Bluetooth Smart SoC Market Segments Share:

Global Bluetooth Smart SoC Market is segmented by device type which comprises Bluetooth smart and Bluetooth smart ready. By application, the market is segmented into automotive, healthcare, building & retail, wearable electronics and consumer electronics. By Geography, North America contributes the largest share in the market owing to the increasing adoption of Bluetooth Smart and Bluetooth smart ready products. Whereas, the Asia Pacific is anticipated to witness the fastest growth in the market during the forecast period owing to the increasing penetration of smartphones that support Bluetooth.

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